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Listed price in listed location currency (USD).
$1,299,000

000

MLS® 293283

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size 8640 sqft
Garage 
Taxes $11,098
Days Active 0
Lot Size 
Approx. Age 2015
Avg. Price Per Sqft $150
MLS® Number 293283

Property Address: 841 W 1st Ave, Toppenish, WA, 98948-1299

Average square foot calculated using Size range provided by listing agent.

Description

This fully leased, 2015-built 8-unit retail strip center offers investors stable in-place cash flow with clear upside through improved lease economics and site utilization. Offered at $150.34 PPSF The property totals 8, 640 SF on a 1.28-acre parcel with strong frontage and visibility along a primary commercial corridor in Toppenish, WA, providing convenient access for local and regional traffic. The intersection going north and south on SR 97 reports a Annual Average Daily Traffic count (AADT) of approximately 11, 000. A major differentiator in this market is the site's substantial on-site parking, supporting higher-traffic users, operational flexibility, and long-term tenant retention. Value-Add / Upside: In addition to current occupancy, the asset presents a compelling opportunity to enhance value over time through lease restructuring, expense allocations/CAM recovery, and rent optimization as leases roll. The property also includes excess land to the rear that may support additional income-generating uses and future development concepts--such as expanded retail/service uses or a convenience-oriented configuration (including potential fuel-related improvements near the existing food-truck area)--subject to buyer verification of zoning, utilities, access, and required approvals. The center is 100% occupied with a diverse tenant mix including an established insurance agency, a pawn shop (3 units), Cricket Wireless, a smoke shop, a nail salon, and a spice & herb retailer. Tenant history ranges from 5 to 26 years, and the property has experienced two lease signings within the past year, supporting both long-standing stability and refreshed lease activity. A long-standing food truck operator also provides supplemental income with reliable payment history. With modern construction, strong visibility, established tenancy, and multiple paths to NOI growth, this property is well-suited for 1031 buyers and value-add retail investors
MLS® Number293283
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2015
BasementNone
Driveway21 - 30 Spaces, Parking/10+ Spaces, Parking/25+ Spaces
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 27, 2026List Date
$1,299,000List Price
  • Commute

Commute

Starting Address
Destination Address
841 W 1St Ave, Toppenish, WA

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